FTX Crypto Assets Frozen By Authorities | FTX.US Bitcoin Exchange To Collapse

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Today Bitcoin pumped to over $17000 and crypto market jumped. However more bad news for FTX and FTX.US. Here are the latest updates.

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0:00 Intro
1:00 FTX Assets Frozen
1:54 FTX Risky Wagers
2:50 FTX looks for $9.4B
3:50 US Justice Dept Contacts BNB
4:40 FTX + Gary Gensler Partners?
6:05 FTX.US Gives Warning
7:40 Voyager Update
8:12 BlockFi Collapse
10:00 80,000 BTC Leaves Exchanges
11:00 Learn how to use Cold Wallet
11:40 Bitcoin in Great Position
12:20 BTC User Accumulation
13:00 Inflation | Mortgage Rates Fall
15:50 Q&A

🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by CryptosRUs. CryptosRus may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

#bitcoin #ftx #crypto
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It’s a shame SBF couldn’t use customer funds to get a haircut and tailored suit.

josevega
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Pure greed and it’s killing the rest of us.

peterpeterpumpkineater
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Only thing I trust at this point: BTC, cold storage wallets. Nothing else.

Jorge-csyv
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🤔 I knew there was something Sketchy about FTX (I'm glad I wasn't able to open an account) 😏!!!

silversurfer
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George I don’t know if you remember a reference made during the end of the bull market where you called it that this bear market would be the “ war of the exchanges”. It’s showing to be true, only the strongest will survive this bear market.

decaygrim
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Sam needs to get a job at KFC or Burger King to support himself while he awaits indictments and trial.

tracedog
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My question to you - CryptosRUs - is what will you do when the crypto scam industry dies? What will you talk about then: Real Estate? E-commerce? SEO perhaps? And what role will you play in repairing the financial damage you, and other so-called crypto experts, caused to hundreds/millions of people?

Just curious.

drjs
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I hope someone in Bahamas kicks the crap out of SBF. He lost a lot of people, a lot of money.

avarmauk
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I bought BTC at $68, 000 and just sold it this morning. I don’t want to lose out.

tz
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I have learned so much from George, feels an everyday person like me. Cheers 🍻

AdrianC.
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12k btc doesnt seems so far fetch anymore with these news

JowaMoto
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They already froze withdrawals a week ago for US FTX.

upmapateriya
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Goodbye block fi, we hardly knew you.

ericjohnson
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Not your keys? Not your crypto. I think it's important in times like these to remind ourselves of that

RVsByDave
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literally every second video has been talking for years about having custody of your coins the dangers of leverage etc etc, then everyone takes the risk gets wrecked and complains lol

badinibeats
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Remember that BTC usually goes down 85% from max, 10k is a very real possibility in this bear market which will last well into 2023

Roe
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Btc is ready to go to a little bit bellow 9.8k, that will be official bottom, after that moon time is comming fast.

SomeRandomDude
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Even Webull sends me emails about my assets being safe

yooo
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Since I live in Berkeley, I strolled over to 2000 Center Street, 4th Floor, to see Alameda Research. NO sign on any door or wall. The only two other entities on the 4th Floor are, surprisingly, University of California offices. What is the connection between Alameda Research and UC???

johnryskamp
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I’ve always liked you, George. You always remain calm and provide good information.

LittleBigWelsh